The question “What Artificial Intelligence Stock to Buy?” Is one that has been on your mind for years. Although there is no industry classification for AI, there are some key factors to consider when choosing an AI stock. The following list of stocks could prove to be helpful as you decide whether to invest in them or pass on them altogether. Take advantage of the recent rebound in Splunk’s share price for your portfolio.
NVIDIA: The company is best known for its graphics processing units (GPUs), which have played a key role in nearly every artificial intelligence breakthrough. This company has consistently increased its share of the market, which makes it a strong investment opportunity. IBM: Another great stock to consider is IBM (NYSE:IBM). While it may seem strange to purchase multiple stocks of the same company, IBM provides businesses with top-notch technology.
Nvidia: Nvidia’s growth prospects are tremendous. Nvidia is developing software for AI and is building an ecosystem and de-facto standard. Another company that might be worth looking at is Intel. Its underlying technology is a great way to make money on the artificial intelligence revolution. You’ll also be able to reap the benefits of the technology’s rapid adoption and potential for growth.
Innodata, Inc.: This Chinese company provides data engineering and content management services. The company has been involved with several artificial intelligence projects for some time. CooTek: Another Chinese tech company that provides mobile gaming solutions. Its stock price has increased 249% over the past year. And it is working with many of the major companies involved in artificial intelligence. So, if you’re looking for a stock in this field, consider investing in companies that are at the forefront of innovation.
IBM: Despite being a technology company, IBM is still focused on improving business processes. While its technology may not be cutting-edge yet, the company is a strong contender in this space. In addition to IBM, another AI stock to consider is Baidu, which is basically China’s version of Google. With these two giants leading the field, it should remain the best place to invest in. With the rising interest in artificial intelligence, the company will only grow in value in the future.
Another A.I. stock worth buying is DXC Technology. This company developed a platform that allows manufacturers to train machines using artificial intelligence. In January 2021, DXC will award the company a contract worth $600 million. It has a market cap under $50 million. The company has a strong portfolio of intellectual property and its core competencies revolve around intelligent rail transportation technologies. That’s a huge win for investors who believe that AI is the future.
Apple (AAPL) is another great AI stock to consider. The company’s AI-powered products help improve online shopping. Apple’s iPad and iPhone products are examples of popular AI-based products. With these new developments in the field, it’s likely that Apple and Google will soon be leading the way with automated car and smart home devices. The tech giant is also on the cutting edge of facial recognition, a field where it is widely considered a highly controversial technology.
Danelfin, an artificial intelligence company, uses a proprietary algorithm to make investment decisions. It ranks stocks based on their probability of beating the market in 30 to 90 days. With the help of this system, you can develop your own investment strategy and beat the odds. You can filter these stocks by country to find the best one for you. There are many more great AI companies, so you can choose from them.
Tesla is another company worth looking into. The company offers a high-tech vehicle with artificial intelligence capabilities. Their stock has high demand. AI is everywhere we use our cellphones, smart televisions, and smart homes. It is changing how we live, work, and connect, and its profits are sky-high for companies on the cutting edge of innovation. And while it may be difficult to choose which AI stocks to buy, it’s a smart idea to hold a share of a company that uses this technology in its products.